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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2017
Business Acquisition [Line Items]  
Business Acquisition, Pro Forma Information [Table Text Block]
The supplemental unaudited pro forma measures for the quarters ended March 31, 2017 and 2016 are presented below:

Tredegar Pro Forma Results with Futura Acquisition
Quarter Ended
(In Thousands, Except Per Share Data)
March 31, 2017
March 31, 2016
Sales
$
228,036

$
226,659

Net income
$
3,358

$
8,132

Earnings per share:
 
 
    Basic
$
0.10

$
0.25

    Diluted
$
0.10

$
0.25

Schedule Of Purchase Price Allocation
Based upon management’s preliminary valuation of the fair value of tangible and intangible assets acquired (net of cash acquired) and liabilities assumed, the preliminary allocation of the Initial Net Purchase Price is as follows:
(in Thousands)
 
Accounts receivable
$
6,680

Inventories
10,342

Prepaid expenses and other current assets
240

Property, plant & equipment
32,662

Identifiable intangible assets:
 
  Customer relationships
24,000

  Trade names
6,700

Trade payables & accrued expenses
(8,135
)
      Total identifiable net assets
72,489

      Initial Net Purchase Price
82,788

Goodwill
$
10,299